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15 December 2022 | 28 replies
You mentioned flip in your post so I thought you were deciding between rentals/flips.I agree with Scott E 100%.
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16 December 2022 | 18 replies
But also know how many different options you have to capitalize on your potential in rents using different platforms is also huge!
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17 December 2022 | 2 replies
@Kushal Dalal If you have been using LLCs thus far and are familiar with the process, I would continue to use them and use one per property regardless of state, unless the property values were very low then maybe I would consider trying to put several into one LLC to simplify things on the administrative side.Another thing to consider is that with STRs, you typically have some host liability coverage through the booking platform and be sure to get a specific STR policy through your insurer as that will cover more on the liability front than a standard insurance policy would.
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5 December 2022 | 11 replies
Worth looking into if you are filing E forms.
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4 December 2022 | 2 replies
Ha e recent sales impacted your ARVs?
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14 December 2022 | 6 replies
How about the other platforms?
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9 December 2022 | 15 replies
I will use BP deal analyzer, also will be doing tons of research on my own, via Zillow and other platforms, research what has sold in the area, what are the rents in the area, is the area in a location that is up and coming etc!
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1 January 2023 | 10 replies
I am in awe of how much this platform helps me.
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4 December 2022 | 9 replies
Quote from @Scott E.: Sounds like you need more than $60k.
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3 December 2022 | 2 replies
I'd request the seller's Schedule E for the property.